2012 THPI Archive

  • VocaLink Take Home Pay Index May 2012

    Thursday, May 10, 2012

    London, 10 May 2012: The VocaLink FTSE 350 Take Home Pay Index stands at 1.8% during the three months to April 2012, only marginally improving from 1.7% in the three months to March. Despite the increase in the tax-free Personal Allowance, which rose by £630 to £8,105 this government financial year, the VocaLink Index shows that underlying pay growth remains very weak. Although this month's private sector take home pay growth rate is in line with the rate seen in February, it remains below levels seen over much of 2011.

  • VocaLink Take Home Pay Index April 2012

    Thursday, April 05, 2012

    London, 5 April 2012: As the 2011/12 tax year closes, the VocaLink FTSE 350 Take Home Pay Index shows stronger pay growth during this tax year than during 2010/11. During the 2010/11 tax year, the private sector saw an average growth rate of 0.9% compared to 2.3% in 2011/12. Similarly, average take home pay in the public sector was 0.5 percentage points stronger in the 2011/12 tax year than the previous year.

  • VocaLink Take Home Pay Index March 2012

    Thursday, March 08, 2012

    Annual growth on the VocaLink FTSE 350 Take Home Pay Index slows for the second month to 1.8% for the three months to February, down from a recent high of 2.6% for the three months to December. Growth on the VocaLink Manufacturing Index falls to 2.8% for the three months to February, continuing a downward trend since the three months to November. Three month annual growth on the VocaLink Services Index drops again in the three months to February to 1.6%, down from 1.9% in the three months to January. Growth on the VocaLink Public Sector Index has been on a marginal upward path recently, reaching 2.3% for the three months to February 2012.

  • VocaLink Take Home Pay Index February 2012

    Thursday, February 09, 2012

    Annual growth of the VocaLink FTSE 350 Take Home Pay Index slows to 2.0% for the three months to January, down from 2.6% for the three months to December The VocaLink Manufacturing Index falls sharply for the second consecutive month to 2.9% for the three months to January, down from 3.6% for the three months to December Three month annual growth on the VocaLink Services Index drops in January to just 1.9%, down from 2.5% for the three months to December The VocaLink Public Sector Index remains broadly stable, with annual growth in take home pay of 2.1% for the three months to January, compared to 2.0% for the three months to December

  • VocaLink Take Home Pay Index January 2012

    Thursday, January 12, 2012

    London, 12 January 2012: Private sector take home pay growth, as measured by the VocaLink Take Home Pay Index, remains unchanged this month sitting at 2.6% in the three months to December 2011 and well below the 4.8% consumer price index (CPI) inflation. Meanwhile, public sector take home pay growth continues to sit at a lower growth rate than the private sector, at 2.0% for the corresponding period.